Friday Big Pancake Day, Inner Thoughts
The current overall structure is choppy and bearish; rebounds are not reversals.
At present, the price is in a weak repair phase after a decline. The longs are basically a tail-end run—there’s not much to do.
Primary: sell the rebound
Sell directly at 61000-62000.
Target: 60000-59000; if it breaks through, look for 58000.
Stop loss: above 62300.
Second: short-term long
Only buy short-term longs if it stabilizes between 59000-60000.
Target: 61200-62000.
If it falls below 59000, give up the long idea immediately.
If it holds above 63300, the bearish structure fails.
If it breaks below 58000, it starts a deep pulldown; next target: 54000.
At highs: only short. At lows: only short-term long.
Don’t chase the trend. Don’t hold positions against it.
#USDT市值达1860亿美元超越以太坊 #SOL一个月下跌20% $BTC
The current overall structure is choppy and bearish; rebounds are not reversals.
At present, the price is in a weak repair phase after a decline. The longs are basically a tail-end run—there’s not much to do.
Primary: sell the rebound
Sell directly at 61000-62000.
Target: 60000-59000; if it breaks through, look for 58000.
Stop loss: above 62300.
Second: short-term long
Only buy short-term longs if it stabilizes between 59000-60000.
Target: 61200-62000.
If it falls below 59000, give up the long idea immediately.
If it holds above 63300, the bearish structure fails.
If it breaks below 58000, it starts a deep pulldown; next target: 54000.
At highs: only short. At lows: only short-term long.
Don’t chase the trend. Don’t hold positions against it.
#USDT市值达1860亿美元超越以太坊 #SOL一个月下跌20% $BTC